Step Inside The Social Network That's Worth Over $5 Billion But Has No Revenues, Assets, Or Full-Time Employeeshttp://www.businessinsider.com/a-closer-look-at-introbizcom-2014-7/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Fri, 09 Dec 2016 22:24:26 -0500Myles Udlandhttp://www.businessinsider.com/c/53c548ebecad04df144aa68dpjrfigueiredoTue, 15 Jul 2014 11:29:47 -0400http://www.businessinsider.com/c/53c548ebecad04df144aa68d
Nice themeforest theme. that's a 50bucks theme....
<a href="http://themeforest.net/?ref=pjrfigueiredo" target="_blank" rel="nofollow" >http://themeforest.net/?ref=pjrfigueiredo</a>http://www.businessinsider.com/c/53c1e4b0ecad04b0342d3a63StockBet.comSat, 12 Jul 2014 21:45:20 -0400http://www.businessinsider.com/c/53c1e4b0ecad04b0342d3a63
Seems cheap compared to other internet stocks.http://www.businessinsider.com/c/53c02d9e6bb3f7660178d752ExecFri, 11 Jul 2014 14:31:58 -0400http://www.businessinsider.com/c/53c02d9e6bb3f7660178d752
If this concept is worth billions, then my concepts are now officially up for sale.
Logos Included. Killer Startup Branding.
Serious Investors Only Please.
<a href="http://www.adatavault.com" target="_blank" rel="nofollow" >http://www.adatavault.com</a>
<a href="http://www.datasecurit.com" target="_blank" rel="nofollow" >http://www.datasecurit.com</a>
<a href="http://www.eutilit.com" target="_blank" rel="nofollow" >http://www.eutilit.com</a>
<a href="http://www.inphone.com" target="_blank" rel="nofollow" >http://www.inphone.com</a>
<a href="http://www.vmapps.biz" target="_blank" rel="nofollow" >http://www.vmapps.biz</a>
Thanks!
brands@adatavault.comhttp://www.businessinsider.com/c/53bf9203ecad04e471ee552cjerreFri, 11 Jul 2014 03:28:03 -0400http://www.businessinsider.com/c/53bf9203ecad04e471ee552c
Moreover, they used a domain registration proxy to keep the owner of the domain anonymous..
Whois data:
Domain Name: INTROBIZ.COM
Registrar: GoDaddy.com, LLC
Registrant Name: Registration Private
Registrant Organization: Domains By Proxy, LLC
Registrant Street: DomainsByProxy.comhttp://www.businessinsider.com/c/53bee50e69beddd13b1a7813Josh0Thu, 10 Jul 2014 15:10:06 -0400http://www.businessinsider.com/c/53bee50e69beddd13b1a7813
*I mean introbuzz.com.http://www.businessinsider.com/c/53bee463eab8eab21940fa12Josh0Thu, 10 Jul 2014 15:07:15 -0400http://www.businessinsider.com/c/53bee463eab8eab21940fa12
The best thing about this story is that Myles (the writer) is referencing the WRONG WEBSITE. If you look at their filings, the website they plan to luanch is introbizz.com (two zz's). Which is a placeholder site. Nice work BI.http://www.businessinsider.com/c/53bee2f6eab8ea760d40fa14Josh0Thu, 10 Jul 2014 15:01:10 -0400http://www.businessinsider.com/c/53bee2f6eab8ea760d40fa14
Actually they did a 75:1 forward split to go from 3,886,000 outstanding to 291,450,000 outstanding. Multiple filings clearly state it was a forward split.http://www.businessinsider.com/c/53bed42eeab8ea4c5540fa18HehThu, 10 Jul 2014 13:58:06 -0400http://www.businessinsider.com/c/53bed42eeab8ea4c5540fa18
He's newb.http://www.businessinsider.com/c/53becdc66da811057757fd89DarkMathThu, 10 Jul 2014 13:30:46 -0400http://www.businessinsider.com/c/53becdc66da811057757fd89
Thank you Captain Obvious.http://www.businessinsider.com/c/53becb4e6bb3f7f011e31146EffedOffThu, 10 Jul 2014 13:20:14 -0400http://www.businessinsider.com/c/53becb4e6bb3f7f011e31146
HAHA :Dhttp://www.businessinsider.com/c/53becb046da811056857fd8eHarvey BirdThu, 10 Jul 2014 13:19:00 -0400http://www.businessinsider.com/c/53becb046da811056857fd8e
"I am experienced in shopping the photos."http://www.businessinsider.com/c/53bec9b4eab8eaa52a40fa19Tony DregsThu, 10 Jul 2014 13:13:24 -0400http://www.businessinsider.com/c/53bec9b4eab8eaa52a40fa19
This isn't a social network. I dont know why all the media outlets are calling it that. It's modeled after ThemeForest.net (even stole their design). You're simply buying something.http://www.businessinsider.com/c/53bec8cfecad04a563d9ba99WHRThu, 10 Jul 2014 13:09:35 -0400http://www.businessinsider.com/c/53bec8cfecad04a563d9ba99
Take a look at the yahoo finance message board for CYNK. There is an "albert_cheung" promoting WESC. He says:"WESC all planed/manipulated and orchestrated. Watch what's about to happen to WESC"
Could be interesting to watch...or since it trades at $.06 buy a few thou shares? (I am not recommending buy it.)
<a href="http://finance.yahoo.com/mbview/threadview/?&bn=5b71ea27-3f5a-41e2-af74-bee207534dc0&tid=1404947848619-8b3b1d85-32e6-4551-98c0-ee78463257e3&tls=la%2Cd%2C0%2C3" target="_blank" rel="nofollow" >http://finance.yahoo.com/mbview/threadview/?&bn=5b71ea27-3f5a-41e2-af74-bee207534dc0&tid=1404947848619-8b3b1d85-32e6-4551-98c0-ee78463257e3&tls=la%2Cd%2C0%2C3</a>http://www.businessinsider.com/c/53bec771eab8ea122240fa12sabrina sThu, 10 Jul 2014 13:03:45 -0400http://www.businessinsider.com/c/53bec771eab8ea122240fa12
That was my thought too, but why would a dev prototype in this primitive of a stage be visible to the public?http://www.businessinsider.com/c/53bec723eab8ea3d2140fa13sabrina sThu, 10 Jul 2014 13:02:27 -0400http://www.businessinsider.com/c/53bec723eab8ea3d2140fa13
I was going to say it looks like it's a prototype populated with test data, like any dev would type in for a few entries just to have some data to work with to see if functions work, etc. But if it's only just a wireframe, then yeah, it's not even a prototype, it's a total fake.http://www.businessinsider.com/c/53bec1c06da8110f3c57fd8cbittergreenThu, 10 Jul 2014 12:39:28 -0400http://www.businessinsider.com/c/53bec1c06da8110f3c57fd8c
Harvey Bird: Photoshop expert.http://www.businessinsider.com/c/53bec073ecad043b41d9ba96NoNoMiamiThu, 10 Jul 2014 12:33:55 -0400http://www.businessinsider.com/c/53bec073ecad043b41d9ba96
No. i just like gambling and then I had enough and went to lunch.http://www.businessinsider.com/c/53bebd4f6bb3f70c57e31145Fat.CatThu, 10 Jul 2014 12:20:31 -0400http://www.businessinsider.com/c/53bebd4f6bb3f70c57e31145
Hahah they're pumping it on here already :)http://www.businessinsider.com/c/53bebcff6bb3f7b35ae31144Fat.CatThu, 10 Jul 2014 12:19:11 -0400http://www.businessinsider.com/c/53bebcff6bb3f7b35ae31144
I can't see any tracking code in the source code on the site... Website looks almost identical to the Envato chain VideoHive, Themeforest net etc etc only it's not quite finished. Looks like sample content. I think Envato has one of the the mirco lancer sites too.
Perhaps someone is having a laugh or maybe this is a new project for Envato but i wouldn't go near it at this stage, especially since it's OTC.http://www.businessinsider.com/c/53beb8efeab8ead46840fa12NoNoMiamiThu, 10 Jul 2014 12:01:51 -0400http://www.businessinsider.com/c/53beb8efeab8ead46840fa12
Yikes...20 minutes to make $200! I'm outta there and going to lunch!http://www.businessinsider.com/c/53beb87deab8ea0c6540fa14Wise GuyThu, 10 Jul 2014 11:59:57 -0400http://www.businessinsider.com/c/53beb87deab8ea0c6540fa14
How do I get a job there??http://www.businessinsider.com/c/53beb84469bedd0a791a7815CommenterThu, 10 Jul 2014 11:59:00 -0400http://www.businessinsider.com/c/53beb84469bedd0a791a7815
The dumb ones are those who flow into this investment on the downslope. The ones with the insider information who have already made a killing on this trade are not dumb ... to the contrary, they are the ones "in the know."http://www.businessinsider.com/c/53beb6fa6bb3f70e3ee3114d40 people shelled out $50 to meet Nicole Kidman?Thu, 10 Jul 2014 11:53:30 -0400http://www.businessinsider.com/c/53beb6fa6bb3f70e3ee3114d
They got ripped off!!! I'd rather buy the stock than spend $2,000 on Nicole Kidman
On a positive note, spending the time to meet 40 of her fans should boost Nicole's confidence that she can restart her career, and perhaps find a new love interest in that mix.http://www.businessinsider.com/c/53beb5a769beddfc6b1a7813mvigodThu, 10 Jul 2014 11:47:51 -0400http://www.businessinsider.com/c/53beb5a769beddfc6b1a7813
Can this company be shorted? Any stock to borrow? Could be easiest way to make guaranteed 100%http://www.businessinsider.com/c/53beb526ecad04bd14d9ba96here's the one employeeThu, 10 Jul 2014 11:45:42 -0400http://www.businessinsider.com/c/53beb526ecad04bd14d9ba96
Marlon L. Sanchez
Chief Executive Officer, President, Chief Financial Officer, Secretary and Director, Cynk Technology Corp.
Age Total Calculated Compensation This person is connected to 0 board members in 1 different organizations across 1 different industries.
41
Background
"Mr. Marlon L. Sanchez has been the Chief Executive Officer, President, Chief Financial Officer and Secretary of Introbuzz since April 18,2013 and has been its Director April 17,2013. Mr. Sanchez has been a Partner in Sanchez Medical Services, which provides comprehensive medical services to the Southern California market since 2002. Mr. Sanchez's responsibilities include direct oversight of administrative operations. Sanchez Medical Services also has a division dedicated to the ever growing Medical Tourism Industry. Mr. Sanchez is the primary spokesperson for the Medical Tourism Industry council in Tijuana,Mexico. Mr. Sanchez is a graduate of San Diego State University with a degree in Business Administration Marketing."http://www.businessinsider.com/c/53beb4626da811c47d57fd87so?Thu, 10 Jul 2014 11:42:26 -0400http://www.businessinsider.com/c/53beb4626da811c47d57fd87
does that mean it has almost $70 million of market cap? it traded 131K shares today or 25X that or 40% of current market cap as stated in the article. it is an obvious scam, is it possible to short this on OTC? It will be $0 within a weekhttp://www.businessinsider.com/c/53beb2f0ecad046306d9ba98OMGThu, 10 Jul 2014 11:36:16 -0400http://www.businessinsider.com/c/53beb2f0ecad046306d9ba98
Go take a look at their 10k from before their 75-1 *reverse* stock split and look the share count after their *reverse* stock split. Instead of reducing the number of shares outstanding by 75 to 1, the number of shares outstanding went up.http://www.businessinsider.com/c/53beb2bfecad04200ad9ba96lots of trololols (potato salad guy too)Thu, 10 Jul 2014 11:35:27 -0400http://www.businessinsider.com/c/53beb2bfecad04200ad9ba96
Based on the alexa data...or lack there of the site is bogus.
Source: <a href="http://www.alexa.com/siteinfo/http%3A%2F%2Fsite.introbiz.com" target="_blank" rel="nofollow" >http://www.alexa.com/siteinfo/http%3A%2F%2Fsite.introbiz.com</a>http://www.businessinsider.com/c/53beb1fc6bb3f7802ae31144Nick1Thu, 10 Jul 2014 11:32:12 -0400http://www.businessinsider.com/c/53beb1fc6bb3f7802ae31144
Perhaps this is a case of the company borrowing some money and buying back its own shares in the open market to make it look good in the market and attract other buyers.
This is something many well-established companies are now doing too. Because the interest rates are so low now that company executives can borrow a lot of money on behalf of their company and buy back shares of their company enough to raise their stock price, which triggers lucrative stock options and bonuses for these company executives.
A one-man company doesn't have any bonuses to pay to its sole executive and owner. But if the rising stock price can lure speculators into buying worthless shares for a lot of money, then the sole owner of this company stands to make a lot of money. He can repay his debt for buying back shares of his company and still have plenty of money left over after that.
This kind of stock-price manipulation is perfectly legal. Because there are no rules against any company borrowing a lot of money and buying back its own shares in the open market. Many companies are now doing exactly this, although most of them try to be reasonable about it and not do it too much. If company executives get too greedy and attract too much attention to themselves, then their perfectly legal scam might become a political scandal and get outlawed.http://www.businessinsider.com/c/53beb067ecad04d97fd9ba96InterestingThu, 10 Jul 2014 11:25:27 -0400http://www.businessinsider.com/c/53beb067ecad04d97fd9ba96
Link? What's the correct market cap?http://www.businessinsider.com/c/53beb04d69beddf8521a7815I has great stock for uThu, 10 Jul 2014 11:25:01 -0400http://www.businessinsider.com/c/53beb04d69beddf8521a7815
Seeking Alpha did a story about this company last month - basically it suggested that the runup in price was the direct result of paid twitter promotion. Buyer beware.http://www.businessinsider.com/c/53beafe8eab8eac44540fa15HehThu, 10 Jul 2014 11:23:20 -0400http://www.businessinsider.com/c/53beafe8eab8eac44540fa15
Thishttp://www.businessinsider.com/c/53beaf916bb3f77526e31144HehThu, 10 Jul 2014 11:21:53 -0400http://www.businessinsider.com/c/53beaf916bb3f77526e31144
I just hope it's not a website currently in development stage, filled with random "test" stuff.http://www.businessinsider.com/c/53beae56ecad041577d9ba97jerreThu, 10 Jul 2014 11:16:38 -0400http://www.businessinsider.com/c/53beae56ecad041577d9ba97
The website is static, html, no functioning system whatsoever. Design seems to be a clone from the Envato marketplaces, like ThemeForest.com. The company is a fake.http://www.businessinsider.com/c/53beadbbeab8eab44140fa12DarkMathThu, 10 Jul 2014 11:14:03 -0400http://www.businessinsider.com/c/53beadbbeab8eab44140fa12
Peoples is dumb.http://www.businessinsider.com/c/53beaa91ecad044762d9ba9bI has great stock for uThu, 10 Jul 2014 11:00:33 -0400http://www.businessinsider.com/c/53beaa91ecad044762d9ba9b
Perhaps some crazy email went out and indicated that this was "the company that Facebook fears" or some other garbage. Somebody fell for it, and voila' pump and dump completed? Just a theory.http://www.businessinsider.com/c/53bea7ce69bedd22301a7813OMGThu, 10 Jul 2014 10:48:46 -0400http://www.businessinsider.com/c/53bea7ce69bedd22301a7813
The number of shares outstanding is wrong in their filings. This company does not have a 4b+ market cap. Do some research and you can be the one to "break" this story if you want...